Deutsche Telekom (OTCMKTS:DTEGY) Cut to “Hold” at Hsbc Global Res

Hsbc Global Res downgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) from a strong-buy rating to a hold rating in a research report report published on Wednesday,Zacks.com reports.

A number of other research firms have also weighed in on DTEGY. Barclays raised Deutsche Telekom to a “strong-buy” rating in a research report on Monday, November 18th. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. One analyst has rated the stock with a hold rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Deutsche Telekom Stock Performance

Shares of DTEGY stock opened at $36.97 on Wednesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15. The firm has a market cap of $184.35 billion, a P/E ratio of 15.15, a P/E/G ratio of 1.35 and a beta of 0.77. The firm’s 50 day moving average price is $33.30 and its 200-day moving average price is $31.13. Deutsche Telekom has a one year low of $22.03 and a one year high of $37.74.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. The company had revenue of $33 billion for the quarter. As a group, equities research analysts predict that Deutsche Telekom will post 1.86 EPS for the current year.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.